The Reserve Bank of India (RBI) on Wednesday raised its repo rate by a quarter percentage point to 6.25%—the first rate hike since January 2014….
Indian Economy & Finance Blog by Tamal Bandyopadhyay
The Reserve Bank of India (RBI) on Wednesday raised its repo rate by a quarter percentage point to 6.25%—the first rate hike since January 2014….
Most economists expect two rate hikes by the Reserve Bank of India (RBI) between now and December, but there is no consensus on the time…
Last Friday, Small Industries Development Bank of India (Sidbi) raised Rs500 crore from the market through one-year certificates of deposit (CD), paying 8.32%. Normally, a…
Punjab National Bank (PNB) has reported a record Rs13,417-crore loss for the March quarter (Q4). All eyes are now on State Bank of India (SBI),…
In the past few weeks, “cash crunch” has become the talk of the town. According to Cambridge dictionary, it is a situation in which a…
For a moment, let’s presume the Indian government has signed off the privatization plan of national carrier Air India. Four investment bankers chosen for the…
The earnings season is in full swing. A few private banks have announced their March quarter results—great, good and ugly—but none of the public sector…
If you walk into the treasury room in any of India’s public sector banks these days, you’ll hear excited bond dealers shrieking over “breaking the…